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Alphabet appeared set to cross the landmark $4 trillion market valuation on Tuesday, propelled by a sustained year-long rally rooted in the Google parent’s intensified push into artificial intelligence technologies, as per a report by Reuters.
The company’s shares rose 4.1% to $331.7 in pre-market trade, positioning Alphabet to surpass the milestone at the opening bell.
Should it achieve the mark, the search and advertising giant will join a select circle of Big Tech firms vying for dominance in the rapidly expanding AI sector — a space that has continued to capture investor enthusiasm and drive momentum across Wall Street this year.